Old Hat: Dow 10000, a History in Headwear

By

Matt Phillips

Oct 14, 2009 3:21 pm ET

The thrill may well be gone from Dow 10000. After all, we’ve crossed it going higher 26 times, by the count of Dow Jones’ elite squad of numbers crunchers — including today’s split-second first brush by 10K at 1:22 p.m. We’ve since been back and forth across a couple more times.

But in keeping with the gallows humor familiar to those on Wall Street, some traders have taken to breaking out commemorative caps originally issued by the NYSE to mark the euphoric first time we crossed Dow 10000 — in something of a tongue-in-cheek salute to 10K. Here is a brief pictorial, headwear history of Dow 10000 …